A buyout is the purchase of a company’s shares in which the acquiring party gains controlling interest of the targeted firm. A leveraged buyout (LBO) is accomplished by borrowed money or by issuing more stock. Buyout strategies are often seen as a fast way for a company to grow because it allows the acquiring firm…
A formal statement of business goals, the strategies and how you intend to achieve those goals. It can serve various purposes from securing external funding to measuring success within a company.
The period (normally 12 calendar months) during which the fluctuating activities of a business form a pattern (i.e. as peaks and troughs)
The value of an asset as it appears on a balance sheet) of an asset
A bookkeeper performs the day-to-day accounting-related tasks of recording financial transactions. Bookkeeping is only a small part of the entire accounting function.
Also known as loan finance/ debt security or in very simple terms an IOU (commonly used as such in America).
The overnight interest rate that the Bank of England charges to banks for lending to them.
A process by which a borrower who is unable to honour debts due, has its assets valued and in some cases sold off to settle those debts.
A statement of the financial position of a company showing its assets, liabilities and ownership interest.